News
The latest news, updates and analysis on the the UK retail industry. Covering every segment of the market, Retail Sector’s business journalists keep you in the picture.
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Nov- 2024 -26 November
Secret Sales expands European presence with Afound acquisition
Secret Sales, the marketplace for off-price retail in fashion, sportswear and beauty, has acquired H&M Group’s digital fashion outlet, Afound.…
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26 November
Represent sells minority stake to investment firm True
Luxury brand Represent has sold a minority stake to investment and innovation firm True to accelerate its growth and global…
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25 November
Today’s news in brief-25/11/24
Asda has announced the return of Allan Leighton as executive chair, succeeding Stuart Rose. Leighton, who served as CEO of…
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25 November
Outdoor brand Sealskinz opens first store in London
British outdoor and premium apparel brand Sealskinz has announced the opening of its first ever store on 1 Hinde Street,…
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25 November
BRC urges public to give retail workers gift of a ‘safe Christmas’
Ahead of Black Friday and the busy festive period, the British Retail Consortium (BRC) and its retail members are calling…
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25 November
Zara unveils 51,000sq ft flagship store at Bullring and Grand Central
Fashion retailer Zara has opened a new 51,000sq ft flagship store at Bullring and Grand Central in Birmingham. Part of…
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25 November
Ann Summers owners explore options amid widening losses
The owners of Ann Summers, the Gold family, are reportedly lining up Interpath Advisory to explore options for the high…
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25 November
Kingfisher lowers profit guidance amid flat Q3 sales
Kingfisher has lowered its full-year profit guidance after posting flat sales of £3.2bn for the three months ended 31 October,…
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25 November
Boohoo secures lender consent for £39m fundraiser
Boohoo has confirmed it has secured lender consent from its lenders for a recent £39.3m fundraiser, after announcing an oversubscribed…
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25 November
Asda appoints ex-CEO as new chair
Asda has announced the appointment of former CEO Allan Leighton as new executive chair, succeeding Stuart Rose who has served…
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